In this instalment of our series explaining the rudiments of Technical Analysis, we explore support and resistance further, showing examples of a number of generally held T.A. principles. We also introduce the concept of trend, which along with support and resistance, is one of the foundations of technical trading. Test and practice your investment strategies
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Russian and Belarusian tennis players will be allowed to compete in this year’s Wimbledon Championships after a ban in place since last year was lifted on Friday by the UK’s governing body for the sport. The Lawn Tennis Association last year barred players from the two countries from entering tournaments held in Britain following Russia’s
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A top UK fund manager has defended domestic pension funds for cutting their exposure to London-listed stocks, warning that the City has fallen into the “backwater” of global equity markets. Nick Train, who co-founded investment firm Lindsell Train, which manages over £18bn, said that “the sad fact is you can understand pension fund asset allocators’
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On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution
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Donald Trump on Thursday became the first former president to be indicted in the near-250-year history of the US. Trump, who leads in polling to be the Republican candidate for president in 2024, was charged by a New York state grand jury following an investigation by Manhattan district prosecutors led by Alvin Bragg. Trump, 76,
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China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural Gas (LNG) with a French company using yuan as payment.
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Galaxy Digital Holdings chief executive Mike Novogratz has said he finds it shocking that U.S. authorities are interested in talking about the regulation of crypto, but have said nothing about artificial intelligence (AI) regulation. Novogratz added that by choosing mainly to focus on crypto regulation, the U.S. government has it “completely upside-down.” ‘A Real Technology
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